Pallak Seth, founder of PDS Limited, is redefining the global sourcing landscape with innovative strategies that challenge the longstanding dominance of major players like Li & Fung. By establishing a next-generation sourcing platform utilized by renowned brands such as Zara and Gap, Seth has positioned PDS as a formidable alternative in the industry. Arriving in […]
Zoom Expands into Healthcare with AI Note-Taking Tool
In a significant move aimed at enhancing healthcare efficiency, Zoom has entered the medical field by partnering with Suki, a renowned AI-driven medical scribe platform. This collaboration introduces an AI-powered tool designed to automate note-taking during telehealth appointments, a critical component for clinicians facing increasing demands in patient documentation. Zoom, known primarily for its video […]
Apple CEO’s Other Job: Helping Turn Nike Around
Tim Cook, the chief executive officer of Apple Inc., is not just focused on technology and innovation within his own company; he is also guiding one of the largest sportswear giants, Nike, through some of its most challenging times. As the longest-serving member of Nike’s board of directors, Cook has become a vital support for […]
Unily Launches Insight Center to Streamline AI Integration
In the realm of digital transformation, Unily is stepping up with its latest offering, the Insight Center, a platform meticulously designed to facilitate the integration of artificial intelligence (AI) within large enterprises. This innovative solution is a game-changer, providing businesses with a streamlined approach to managing digital assistants and language models, enhancing operational efficiency across […]
BoF Live | Unlocking Supply Chain Opportunities in Southeast Asian Markets
On Wednesday, October 23, a crucial conversation will unfold at 16:00 BST / 11:00 EDT regarding the supply chain landscape in Southeast Asia, particularly focusing on Singapore. Hosted by The Business of Fashion’s Robin Mellery-Pratt, the event will bring together key experts to evaluate new opportunities emerging from macroeconomic shifts across the region. In light […]
Worldview: Debunking China’s Consumption Myths
In recent discussions surrounding China’s economy, prevalent myths about consumer behavior have surfaced, leading to misinformed conclusions about the market’s future potential. A new analysis by McKinsey & Company sheds light on the real state of consumption in China, revealing both challenges and hidden opportunities. Daniel Zipser, a senior partner based in McKinsey’s Shanghai office, […]
AI Set to Drive Trillion-Dollar Growth by 2030
Artificial Intelligence (AI) is poised to make a monumental impact on the global economy in the coming years. A recent study by International Data Corporation (IDC) projects that AI will contribute a staggering $19.9 trillion to the global economy by 2030. This transformative potential is attributed not only to direct revenues from AI-centric companies but […]
The Business of Beauty Haul of Fame: Beauty Behind Bars
In recent months, beauty products have become the unexpected stars of a peculiar narrative emerging from drugstores across the United States. Anti-theft measures, triggered by a notable surge in shoplifting, especially in urban centers like New York and Los Angeles, have drastically reshaped the shopping experience for cosmetics enthusiasts. The phenomenon of locking beauty products […]